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Jan 31, 2013
01/13
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senate is expected to vote this afternoon on a bill to suspend the debt ceiling for -- why not suspend it indefinitely? the house passed the measure last week. the senate version includes several republican amendments, matching spending cuts, every dollar increase in the ceiling and that's not expected to get passed. it will suspend it to may the 19th when it will be raised by the amount the treasury borrows in the interim. why -- greg is with us. greg is the economist. can we just get rid of the debt ceiling? it's a real brawl. >> just deep six that sucker like no other country deals with this it ottic device. hey, i'm going to borrow some money, but i'll think twice over whether i'm going to pay the bill when it comes. >> what if it was the founding father himself who said i think we ought to have a debt ceiling so as to avoid fiscal recklessness? >> well, in fact, the debt ceiling, the reason we have one is because up until 100 years ago, we voted on every bond issue individually. so you think it's bad now, just imagine if we had had that situation. but looking forward, though, this
senate is expected to vote this afternoon on a bill to suspend the debt ceiling for -- why not suspend it indefinitely? the house passed the measure last week. the senate version includes several republican amendments, matching spending cuts, every dollar increase in the ceiling and that's not expected to get passed. it will suspend it to may the 19th when it will be raised by the amount the treasury borrows in the interim. why -- greg is with us. greg is the economist. can we just get rid of...
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Jan 16, 2013
01/13
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FBC
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>> two thoughts, in every you said, one is that president last requested a debt ceiling increase just a year and a half ago $2.1 trillion, we heard all argument that michael just made, paying the bills, now we have increased it again. i want to reiterate, what neil just said, that we could afford to pay all of the core obligations of government, social security, -- >> michael, let her finish. >> neil: one at a time. >> we incurred so many obligations, that we're having to raise the debt ceiling, to meet them, i would argue that is a sign that government has grown too big, and over extending itself, and trying to do too much. neil: michael to that point. and same -- what do you think? >> i'm sorry, a lot of talking points in there. which point? >> well you could repeat any of your talking points, i'm asking you to point we keep doing this same thing, expecting a different result? >> well, look, a lot of what has us here is tax cuts, and i know you don'tment to hearment want t taxes are l. neil: just keep raising them? >> we need a combination, a planned approach -- neil: like a 40 to 1
>> two thoughts, in every you said, one is that president last requested a debt ceiling increase just a year and a half ago $2.1 trillion, we heard all argument that michael just made, paying the bills, now we have increased it again. i want to reiterate, what neil just said, that we could afford to pay all of the core obligations of government, social security, -- >> michael, let her finish. >> neil: one at a time. >> we incurred so many obligations, that we're having...
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Jan 22, 2013
01/13
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KPIX
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members are backing off a requirement to cut $1 of spending for every dollar the debt ceiling is raised. it's a move the president has demanded. >> i do believe it is a recognition of political reality. we realize the president won the election. >> reporter: republicans on capitol hill are not voting to raise the debt ceiling without getting something in return. they say in order to approve a higher debt limit, they want senate democrats to do something they have not done in four years, pass a budget. >> for us to have a debate about spending and debt, we've got to have the focus be on a budget and what we're going to do to achieve a balanced budget over time. >> reporter: senate democrats view a budget vote as an opportunity to raise more money through taxes. >> it's going to be a great opportunity. in our budget that we will pass we'll have tax reform, which many colleagues like but it will include revenues. >> reporter: the house is expected to approve the debt limit increase tomorrow. susan mcginnis, cbs news, washington. >>> today is the 40th anniversary of the supreme court ruling
members are backing off a requirement to cut $1 of spending for every dollar the debt ceiling is raised. it's a move the president has demanded. >> i do believe it is a recognition of political reality. we realize the president won the election. >> reporter: republicans on capitol hill are not voting to raise the debt ceiling without getting something in return. they say in order to approve a higher debt limit, they want senate democrats to do something they have not done in four...
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40
Mar 21, 2013
03/13
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CNBC
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eye 40
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we were down two years ago when we had spain one and the first debt ceiling, we were down 10%. this week we're barely down at all, maybe a percent. every time we get through one of these and we will get through this, more and more investors become convinced that the category 10 earthquake has already happened. and long-dated assets like equities should be worth what we think they are worth based on long-term fair value assessments. we think the s&p should be trading 17, 18 times. >> let me get more personal, then, steve. are you a buyer, as we see any kind of cyprus-inspired dips like today, like recently, would you be a buyer? >> absolutely. we're recommending people be overweight eck witdquityequitie. that's what we would be doing here, mandy. i think jack's going to be waiting a long time. europe's going to have a series of these aftershocks, but it's part of the healing process. i think they will get through this cyprus thing. i think most european aren't even sure if cyprus is part of the eu. it's got this russian interest which makes it very unique. it's very different th
we were down two years ago when we had spain one and the first debt ceiling, we were down 10%. this week we're barely down at all, maybe a percent. every time we get through one of these and we will get through this, more and more investors become convinced that the category 10 earthquake has already happened. and long-dated assets like equities should be worth what we think they are worth based on long-term fair value assessments. we think the s&p should be trading 17, 18 times. >>...
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130
Oct 15, 2013
10/13
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ALJAZAM
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senate leaders move close to, to a deal to raise the debt ceiling and undend the government shutd. in the house speculation persists about the republican leadership's ability to rein in the tea party before the looming deadline. >>> a high-profile rabbi. the charges? aged involvement in embassy bombings. >>> police shut down an alleged jihadist plot. >>> new science of genetically engineered food fashions a food fight. why soft want labels that read
senate leaders move close to, to a deal to raise the debt ceiling and undend the government shutd. in the house speculation persists about the republican leadership's ability to rein in the tea party before the looming deadline. >>> a high-profile rabbi. the charges? aged involvement in embassy bombings. >>> police shut down an alleged jihadist plot. >>> new science of genetically engineered food fashions a food fight. why soft want labels that read
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82
Jan 28, 2013
01/13
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CSPAN2
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eye 82
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and we have sort of the best to come yet because we haven't decided on the debt ceiling and spending. and so this is where we really need leadership, which we were used to. i tend to be an optimist about the united states because people gave up on us on vietnam, on the watergate crisis, and we came charging back. i think we will do here. but it would be nice if we didn't have to go to the cliff each time to do it. >> and again, when you start talking about the kind of relationships and the kind of leadership, you know, we still seem to have this atmosphere where people talk more at each other than trying to find some common ground, some common goal in getting it down. you broach the whole growth of growth and jobs, and that is the answer to all of us. you also talk a lot about contagion on this one. we all sensed that if the european situation got worse, and they represent 23% of world gdp, the effect it's going to have on the united states, india, brazil, it's going to be real. and so with 40% of export coming here to the united states and so forth, all of a sudden we started to see
and we have sort of the best to come yet because we haven't decided on the debt ceiling and spending. and so this is where we really need leadership, which we were used to. i tend to be an optimist about the united states because people gave up on us on vietnam, on the watergate crisis, and we came charging back. i think we will do here. but it would be nice if we didn't have to go to the cliff each time to do it. >> and again, when you start talking about the kind of relationships and...
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141
Jan 6, 2013
01/13
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CNNW
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ceiling and, also, you face the sequester across the board on spending. that could be very, very messy. and i think people have every right to be concerned about whether you'll see any kind of sensible resolution between the democrats and republicans. what's worrying is that neither leader, neither john boehner, speaker of the house of representatives, he doesn't seem to be able to control his conservative republicans in the house and mr. obama, president obama, strangely reluctant to take the lead this week. he left it to vice president biden. >> well, again, i would take a rather more optimistic view about the politics, as well. we can all agree that it's a very messy process, politics all over the world in europe and in washington lionel and i both worked for the fd in washington, so, we understand that process reasonably well. i actually think that the next two months are more encouraged about the out look for the next two months for what happened in the last few weeks in washington precisely because in a sense they've gone through a cathartic experie
ceiling and, also, you face the sequester across the board on spending. that could be very, very messy. and i think people have every right to be concerned about whether you'll see any kind of sensible resolution between the democrats and republicans. what's worrying is that neither leader, neither john boehner, speaker of the house of representatives, he doesn't seem to be able to control his conservative republicans in the house and mr. obama, president obama, strangely reluctant to take the...
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147
Mar 19, 2013
03/13
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CNBC
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you can see the past two surveys, nearly 90% of respondents think congress will raise the debt ceiling every time it's reached. let's move on to what wall street thinks -- will they consider with the sequester? yes. will it consider and change the makeup. 33% say yes. should it increase spending cuts? 21 #% said. bottom line, only 17% a year think congress should reduce the spending cuts. if you add all of this up together, what you find is a large number who believe congress should keep the plan but they want a little flexibility. how urgent is it? 80% of the march survey said congress should urgently enact a sustainable deficit plan. that has come down to 67% with 25% agreeing that it needs a little more time. that group of respondents, 54 of them market participants say that they should be reducing the deficit. here's some of the can comments. the only thing the economy has to fear is washington itself. an interesting comment. the public wants less cutting of the budget. they are seen as positive. the boost of confidence has a greater positive gdp impact than the the negative gdp im
you can see the past two surveys, nearly 90% of respondents think congress will raise the debt ceiling every time it's reached. let's move on to what wall street thinks -- will they consider with the sequester? yes. will it consider and change the makeup. 33% say yes. should it increase spending cuts? 21 #% said. bottom line, only 17% a year think congress should reduce the spending cuts. if you add all of this up together, what you find is a large number who believe congress should keep the...
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481
Oct 30, 2013
10/13
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WETA
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eye 481
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then you also have the flexibility of the debt ceiling because they have until february 7 for that to hit again, it's possible they could extend it further, do a short-term extension but people don't want to do that. every single lawmaker on this committee said "this is not what we want to see again." >> woodruff: and we just heard senator mcconnell say he doesn't intend to see not only a shut down of the government but a breach of the debt ceiling. so you're saying you do hear glimmers that maybe they can pull this off despite all the forces working against them? >> right. and the democrats have been talking about the fact that the deficit as we reported earlier that the deficit is coming down. it's under a trillion for the first time and you'll hear them talk a lot about that. well, we've been able to do smart budgeting, it's the fastest rate going down since the end of world war ii and the republicans are saying, well, okay, let's keep talking about and that and figure out where we can come to an agreement. >> woodruff: christina plan tony, our political editor. thank you. >> ifill
then you also have the flexibility of the debt ceiling because they have until february 7 for that to hit again, it's possible they could extend it further, do a short-term extension but people don't want to do that. every single lawmaker on this committee said "this is not what we want to see again." >> woodruff: and we just heard senator mcconnell say he doesn't intend to see not only a shut down of the government but a breach of the debt ceiling. so you're saying you do hear...
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Feb 6, 2013
02/13
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CNBC
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. >> in our survey, 86% of participants said congress will raise the debt ceiling every time it is reached this year. is that the perception of the market right now? >> i would say that's true. i don't think anybody wants to play brinksmanship. we saw what happened in 27 and what happened the end of the year. i don't think anybody wants to go back there. interestingly enough i think the markets have adjusted to that fact. ever rip time you run to the brink of the cliff and pull back, the markets get used to it. they have adjusted to the fact that could be a possibility and dealing with the fact it's not likely to occur. >> rich, you're very bullish. >> i'm very bullish. i don't think people have noticed the united states is a growth story. we're focused on emerging markets they're a growth story. it's so wrong, it's silly. the projected earnings growth rate, you're a small cap aficionado. i bet you don't know this. the projected growth on russell 2,000 is six times from growth markets. the u.s. is a success story. >> what are the numbers? >> 17% versus 30%. >> in one year, 70% growth rate?
. >> in our survey, 86% of participants said congress will raise the debt ceiling every time it is reached this year. is that the perception of the market right now? >> i would say that's true. i don't think anybody wants to play brinksmanship. we saw what happened in 27 and what happened the end of the year. i don't think anybody wants to go back there. interestingly enough i think the markets have adjusted to that fact. ever rip time you run to the brink of the cliff and pull...
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Jan 15, 2013
01/13
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FBC
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eye 201
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we were talking about the debt ceiling that is something that moved front and center very quickly and will remain right in front of every day's trading in the minds of investors and the traders here on wall street. today the dow is down about 12 points after being higher four days in a row. the s&p has been lower. we had the back and forth action, much of the same today. when i talk to traders about the action we've seen, sometimes they're saying that the moves to the downside haven't been decisive. which then tells them that maybe the market needs to test recent highs before it can really sell off. trying to move lower and it can't. be wary of highs that sell into the profits. let's look at apple, a name we can focus on. nomura cut the price target. they reduced to 530 from 660. right now 487.16. these are the lowest levels since basically february of 2012 and obviously they had to cut their supply orders. back to you. tracy: you said yesterday, ubs kept their 700 target as well. people still have confidence in apple. lori: maybe an entry point around below 500? so back to the debt c
we were talking about the debt ceiling that is something that moved front and center very quickly and will remain right in front of every day's trading in the minds of investors and the traders here on wall street. today the dow is down about 12 points after being higher four days in a row. the s&p has been lower. we had the back and forth action, much of the same today. when i talk to traders about the action we've seen, sometimes they're saying that the moves to the downside haven't been...
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141
Oct 30, 2013
10/13
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CNBC
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eye 141
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every time we get to a debt ceiling conversation we should as a nation, asked how we should stop those votes? >> were you a symbolic vote. if you were the deciding vote, how would you have voted? >> we did not get to that point. i'm not a symbolic vote. this is important for the future of the nation. >> when senator obama, when he voted against raising it -- >> i would have asked the same question. >> i have a question for the congressman. >> go ahead. >> let me set the stage. i'm a loyal enthusiastic republican. >> okay. >> congressman, help me out. what the hell do you guys gain by shutting the government down other than to get a black eye for all of us and accomplish nothing? >> go ahead. >> you go ahead, sir. >> by the way understand something. i understand we've got to get the debt down. if we can get economic growth in this country, we'll get the debt down. i'm more concerned about the bigger issue of entitlement reform for one reason? we can't continue to put the burden on young people. i'm talking to you know. you're on the policy committee. we got a black eye, like it or not,
every time we get to a debt ceiling conversation we should as a nation, asked how we should stop those votes? >> were you a symbolic vote. if you were the deciding vote, how would you have voted? >> we did not get to that point. i'm not a symbolic vote. this is important for the future of the nation. >> when senator obama, when he voted against raising it -- >> i would have asked the same question. >> i have a question for the congressman. >> go ahead....
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May 31, 2013
05/13
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FBC
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eye 103
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tracy: he think that debt ceiling will be an old story now? >> you know, every time that we have some economic threat from the government the tax increases, sequestration, it gets factored into the market so fast now that i think that -- and justifiably so, i think people are focusing on performance and discounting what the government is doing because of your net worth has been so -- your network dispenser correct in pointing out. trusting the people that have the keys to the castle. tracy: pretty scary. premium product placement. >> premium product placement. tracy: there you go. [laughter] >> adelle like to show off. ashley: coming up, becoming the next corporate superstar. the currency director and best selling author started dozens of companies and has found just three rules to greatness. tracy: that's pretty great. drizzle take a look to some of the day's winners and losers on the nasdaq as we have to break. we will be right back. ♪ ♪ tracy: so what really should companies be exceptional? our next guests noted down to three rules. joi
tracy: he think that debt ceiling will be an old story now? >> you know, every time that we have some economic threat from the government the tax increases, sequestration, it gets factored into the market so fast now that i think that -- and justifiably so, i think people are focusing on performance and discounting what the government is doing because of your net worth has been so -- your network dispenser correct in pointing out. trusting the people that have the keys to the castle....
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Jan 25, 2013
01/13
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CSPAN2
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eye 73
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i'm under the impression that the debt ceiling is to give the authority to the president to assure our progress, the each and every nickel that we would fall get it back. i also believe that we have to have some guidelines on spending in order to share with creditors and americans alike, the fact are we going to reduce unnecessary spending. having said that, some people believe we have to have this involved debt ceiling with the deficit. and, of course, that's controversial. under the system of prioritizi prioritizing, payments that some people are pushing forward, they would believe that we can determine just to we're going to pay out interest to, we get a better handle on the spending part of the fiscal dilemma. and i just want to ask dr. johnson some questions that these programs that think you pay interest on your debt is, number one, priorty. i think every family would like to pay off interest. social security, and then third, somewhere active duty military, and i think patriotic as well as political. but under the scenario, dr. johnson, will we be paying the people that we borrow
i'm under the impression that the debt ceiling is to give the authority to the president to assure our progress, the each and every nickel that we would fall get it back. i also believe that we have to have some guidelines on spending in order to share with creditors and americans alike, the fact are we going to reduce unnecessary spending. having said that, some people believe we have to have this involved debt ceiling with the deficit. and, of course, that's controversial. under the system of...
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Oct 9, 2013
10/13
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ALJAZAM
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eye 83
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he's trying to bolster the shutdown and raise the debt ceiling. >>> for years the occupational safety o health association, owr osha, 2200 inspectors work for osha and responsible for 130 million workers. that's one. the inspector for every 155,000 employees. the shutdown is hitting texas especially hard as heidi zhou castro explains the lone star state has the highest number of deadly construction site accidents. >> as the dallas office of the occupational health administration administration or osha sits almost empty with all but two of its inspectors furloughed. a construction site just blocks away buzzes with activity. during the government shutdown osha will only investigate cases of grave danger and death. random safety inspections are suspended. that leaves texas construction workers, a workforce that is predominantly latino and foreign borne, at greater risk for exploitation. >> there could be more accidents, he says. >> a member of the workers defense project, a non-profit behind the study that found texas to be the most dangerous place in the country for construction workers
he's trying to bolster the shutdown and raise the debt ceiling. >>> for years the occupational safety o health association, owr osha, 2200 inspectors work for osha and responsible for 130 million workers. that's one. the inspector for every 155,000 employees. the shutdown is hitting texas especially hard as heidi zhou castro explains the lone star state has the highest number of deadly construction site accidents. >> as the dallas office of the occupational health administration...
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267
Jan 21, 2013
01/13
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CNBC
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eye 267
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the debt ceiling may get raised, but it's not being tackled long-term. >> it seems every single time consistently we get the opposite outcome. which means some areas are consistent and it raises debt levels going forward. >> it seems to me as though we can't fix this one because democratically it's not possible. why? because there are so many verses who are automatically vote to increase the debt because the number of people who own entitlements or benefits is relatively high. and i think you're seeing this failure both in the u.s., in germany and to an extent in the uk. >> the trouble is for all of those economies maybe some of the european ones are under pressure by the government. but the problem is, if you look at issues in the u.s., they're just so low. there's no ability to cut in the long-term. how do you push through entitlement reform and address those issues, especially if there's no market pressure right now? >> my sense is that you don't. i don't understand how that can be achieved and, therefore, i suppose what i struggle with is what solution can the government find? th
the debt ceiling may get raised, but it's not being tackled long-term. >> it seems every single time consistently we get the opposite outcome. which means some areas are consistent and it raises debt levels going forward. >> it seems to me as though we can't fix this one because democratically it's not possible. why? because there are so many verses who are automatically vote to increase the debt because the number of people who own entitlements or benefits is relatively high. and i...
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170
Jan 15, 2013
01/13
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CNBC
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every year we pick a new city to explore. but thanks to hotwire, this year we got to take an extra trip. because they get us ridiculously low prices on really nice hotels and car rentals. so we hit boston in the spring-- even caught a game. and with the money we saved, we took a trip to san francisco. you see, hotwire checks the competitions' rates every day so they can guarantee their low prices. so, where to next? how about there? ♪ h-o-t-w-i-r-e... ♪ hotwire.com sven gets great rewards for his small business! how does this thing work? oh, i like it! [ garth ] sven's small business earns 2% cash back on every purchase, every day! woo-hoo!!! so that's ten security gators, right? put them on my spark card! why settle for less? testing hot tar... great businesses deserve great rewards! [ male announcer ] the spark business card from capital one. choose unlimited rewards with 2% cash back or double miles on every purchase, every day! what's in your wallet? here's your invoice. >>> just remind you at the moment, the british
every year we pick a new city to explore. but thanks to hotwire, this year we got to take an extra trip. because they get us ridiculously low prices on really nice hotels and car rentals. so we hit boston in the spring-- even caught a game. and with the money we saved, we took a trip to san francisco. you see, hotwire checks the competitions' rates every day so they can guarantee their low prices. so, where to next? how about there? ♪ h-o-t-w-i-r-e... ♪ hotwire.com sven gets great rewards...
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155
Jan 16, 2013
01/13
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CNBC
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eye 155
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treasuries tapping government workers' retirement funds to avoid hitting the debt ceiling. the treasury previously estimated the move would give it around $156 billion in additional borrowing capacity. it says retirees will still receive their benefits. in a letter to the house speaker john boehner, the treasury secretary says this step has been taken before during previous debt limit impasses. several conservative republicans are set to introduce legislation to direct treasury to prioritize debt payments if congress doesn't raise the debt ceiling. >>> and president obama will unveil his gun control plan today at 11:45 eastern. he's expected to call on congress to ban military-style assault weapons and the type of high-capacity ammunition used in last month's school shooting in newtown, connecticut. the package will also include efforts to stop school bullying and invest available mental health services. may include several steps the president can take right away without congressional approval. >>> the house of representatives has passed more than $50 billion in aid for hur
treasuries tapping government workers' retirement funds to avoid hitting the debt ceiling. the treasury previously estimated the move would give it around $156 billion in additional borrowing capacity. it says retirees will still receive their benefits. in a letter to the house speaker john boehner, the treasury secretary says this step has been taken before during previous debt limit impasses. several conservative republicans are set to introduce legislation to direct treasury to prioritize...
200
200
Jan 23, 2013
01/13
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CNBC
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eye 200
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president obama agreed to dollar for dollar spending cuts for every dollar the debt cell was raised. it's 22 times we have used the debt ceiling to reinact really substantial reforms. we need those reforms more than ever. the,000 is taking the first step. i hope the senate will do its work and i will push to off-set some of this. >> you don't have a problem with using the debt ceiling as a means to negotiate this. >> i don't. this president won't agree voluntarily to cut a dime of spending and thinks we need more spending, not less. the only time we were able to get him to agree with spending reductions was the last time we were arguing over the debt limit. it's not optimal, not my first choice. i think we have to use whatever tools are available to us. we are on an unsustainable path. the overspending is costing us economic growth and costing us jobs. >> do republicans need a new pr firm or something? if you ask any on the street, why don't we have a budget and what's the problem in washington? nobody says harry reid. do people know that has the way he's running the senate right now
president obama agreed to dollar for dollar spending cuts for every dollar the debt cell was raised. it's 22 times we have used the debt ceiling to reinact really substantial reforms. we need those reforms more than ever. the,000 is taking the first step. i hope the senate will do its work and i will push to off-set some of this. >> you don't have a problem with using the debt ceiling as a means to negotiate this. >> i don't. this president won't agree voluntarily to cut a dime of...
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245
Jan 5, 2013
01/13
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CNNW
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ceiling deal is even possible? i mean, how ugly is that going to get? >> well, it has the potential to get very ugly. i mean, from my vantage point, you have ideologues on the other side who have an attitude of my way or the highway, particularly the tea party people who feel that they don't want to do any compromising. i almost feel sorry for speaker boehner. he has a tiger by the tail, people in his own conference that won't listen to him. you saw by the vote he barely got enough votes that he needed to get re-elected as speaker. and i think he's going to have a tough time. >> the house approved the aid package for superstorm sandy victims just yesterday. not the whole aid package, a partial version of it. what does that mean to you and your constituents? >> well, you know, superstorm sandy was a terrible thing that happened to the northeast. and you know, in the last 20 years, this is the longest it's taken for congress to step in and give aid in a time of national emergency. and that's why we were outraged on t
ceiling deal is even possible? i mean, how ugly is that going to get? >> well, it has the potential to get very ugly. i mean, from my vantage point, you have ideologues on the other side who have an attitude of my way or the highway, particularly the tea party people who feel that they don't want to do any compromising. i almost feel sorry for speaker boehner. he has a tiger by the tail, people in his own conference that won't listen to him. you saw by the vote he barely got enough votes...
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169
Oct 10, 2013
10/13
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CNNW
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eye 169
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clock to be fair also on your screen so people can see the breathtaking, stunning increase in debt every single day and i think then people realize what's at stake and why republicans are trying to get a grip so that our children and grandchildren will have the same chance at a great life that you and i have enjoyed, chris. >> right, but the question is still, even with that goal, whether or not you're going to risk that security for these families in the furtherance of that goal. you said yourself that you signed onto the bill for the full faith and credit cart to make sure we never ever default, that the markets need to know that under no circumstances will the u.s. government default. you know as well as anybody that that is exactly the situation you put the u.s. economy into if you blow the deadline and start letting the dominos fall. don't you have to stand against it if that winds up being the choice? >> i don't think that's what's going to happen. that's the point. this isn't just the house republicans. this is a three-sided triangle. the president and harry rude -- reid have had
clock to be fair also on your screen so people can see the breathtaking, stunning increase in debt every single day and i think then people realize what's at stake and why republicans are trying to get a grip so that our children and grandchildren will have the same chance at a great life that you and i have enjoyed, chris. >> right, but the question is still, even with that goal, whether or not you're going to risk that security for these families in the furtherance of that goal. you...
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836
Sep 20, 2013
09/13
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FOXNEWSW
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eye 836
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misspeak because he said essentially that raising the debt ceiling does not increase our debt. i know he studied law and not economics. but increasing the debt ceiling indeedÑi raises the debt. hello? and then, but when george bush was in the white house and they were talking about funding the government for another period of time, he was against it. like john kerry, he was against something before he was for it. >>elisabeth: he said he would also put us at risk domestically and internationally. i guess we're alreadysys ei getting wker there so what the heck. we're going to head over to heather nauert. >> happy friday to you. while urpg -- you were sleeping there was a fresh round of storms in indiana. this happened after açó different storm with lightning triggered several fires and left two people dead. a bolt of lightning blasted into the front window of a home in gary, indiana sparking a fireñr there. those flames killing a fire inside his home and now this morning his newborn baby is in the hospital.cyj4(p3 >> itÑi was a sight you wouldn't believe. we hear thunder, bu
misspeak because he said essentially that raising the debt ceiling does not increase our debt. i know he studied law and not economics. but increasing the debt ceiling indeedÑi raises the debt. hello? and then, but when george bush was in the white house and they were talking about funding the government for another period of time, he was against it. like john kerry, he was against something before he was for it. >>elisabeth: he said he would also put us at risk domestically and...
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Dec 31, 2013
12/13
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i think they'll avoid a real battle over the debt ceiling with the november elections in front of both parties. i don't think they want that to be top of mind when it comes to that. i think we may get a little back and forth on it but i don't think it will be the type of event that's rocked markets in the past. >> all right. cnbc contributor ron insana, thanks so much. >> and to you. thanks. >> still to come this hour on msnbc, 2014 political predictions. just how big are the midterm elections for next year for both parties? we'll break it down. >>> and will president obama will able to gain some credibility back after the health care deback snl we're aig. and we're here. to help secure retirements and protect financial futures. to help communities recover and rebuild. for companies going from garage to global. on the ground, in the air, even into space. we repaid every dollar america lent us. and gave america back a profit. we're here to keep our promises. to help you realize a better tomorrow. from the families of aig, happy holidays. i can't believe your mom has a mom cave! today i
i think they'll avoid a real battle over the debt ceiling with the november elections in front of both parties. i don't think they want that to be top of mind when it comes to that. i think we may get a little back and forth on it but i don't think it will be the type of event that's rocked markets in the past. >> all right. cnbc contributor ron insana, thanks so much. >> and to you. thanks. >> still to come this hour on msnbc, 2014 political predictions. just how big are the...
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Aug 24, 2013
08/13
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ceiling. you do not impact the economy negatively in the short run. you do not alienate all the federal employees who are disrupted, a good portion of whom are your neighbors who work hard every day. you do not send a signal that you are way out here and do not have any idea about what real is the consequences -- realistic consequences are of what you are doing. finally, you recognize the career politicians who care more about being reelected than solving the country's problems. >> you cannot. >> it cannot. i understand that is what they have put out. i spent an hour and a half on the phone with senator lee. he is going to keep going the direction he is going. my career is eight times longer in a legislative body than his. my judgment with people, having been a physician for 25 years, is pretty good. the fact is they have a failed strategy. i do not disagree with them getting rid of obamacare, but if you tell me i'm not a principal person because i will not sign a letter that they should do th
ceiling. you do not impact the economy negatively in the short run. you do not alienate all the federal employees who are disrupted, a good portion of whom are your neighbors who work hard every day. you do not send a signal that you are way out here and do not have any idea about what real is the consequences -- realistic consequences are of what you are doing. finally, you recognize the career politicians who care more about being reelected than solving the country's problems. >> you...